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On Monday, Federal Deposit Insurance Corporation (“FDIC”) Chair Martin Gruenberg gave remarks to the Brookings Institution on “The Resolution of Large Regional Banks.” Chair Gruenberg did not say “I told you so” in his prepared remarks, but Brookings basically did it for him. The Brookings Institution’s description of Chair Gruenberg’s remarks note his 2019 speech to the Brookings Institution when he was a member of the FDIC Board “warning about the underappreciated resolution challenges and financial stability risks that would emerge upon the failure of a large regional bank … [calling for] require[ing] lo https://www.cadwalader.com/resources/articles/fdic-chair-speaks-on-resolution-of-large-regional-banks